Ride Sharing Market Size, Share, Growth, Trends and Forecast 2026
The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, deteriorating public transport services, and growing day-to-day traffic jams in urban cities are prompting the growth...
Ride Sharing Market Size, Share, Growth & Forecast 2026
The forecasted period predicts a significant growth of the global Ride-Sharing Market, with a Compound Annual Growth Rate (CAGR) of 16.6%. The market value is expected to increase from approximately USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
The ride-sharing market is experiencing growth due to several factors. These include the rise in daily commuting for short-distance travel within...
Ride Sharing Market Size, Share, Growth & Trends Analysis 2026
The global ride sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increase in urbanization, internet and smartphone penetration and increase in cost of vehicle ownership are the major factors driving the growth of the ride sharing market.
The ownership of a vehicle is cumulative of multiple...
Ride Sharing Market Size, Share, Growth & Forecast 2026
The global ride sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increase in urbanization, internet and smartphone penetration and increase in cost of vehicle ownership are the major factors driving the growth of the ride sharing market.
The ownership of a vehicle is cumulative of multiple...
Ride Sharing Market Size, Share, Growth & Forecast 2026
The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, deteriorating public transport services, and growing day-to-day traffic jams in urban cities are prompting the growth...
Ride-Sharing: Technological Revolution Fueling Market Growth
The global Ride Sharing Market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
An increase in urbanization, internet and smartphone penetration and increase in the cost of vehicle ownership are the major factors driving the growth of the ride sharing market.
Top Players: Uber, Lyft, DiDi Chuxing, Grab,...